Apr
26

Stock Funds Suffering Big Outflows as Rattled Investors Rush to the Exits

By

Investors are dumping U.S. stock funds at one of the fastest paces in a decade as rising market turbulence erodes confidence in the nine-year-old bull market.

U.S. equity mutual funds and exchange-traded funds recorded $2.4 billion in outflows for the week ended April 18, according to the Investment Company Institute. That followed $41 billion in outflows from these funds in February—the biggest monthly exodus since January 2008, ICI data show. Overall, investors have yanked $67 billion out of these stock funds since the start…

Stock Funds Suffering Big Outflows as Rattled Investors Rush to the Exits

Share
Categories : Private Equity

Leave a Reply

You must be logged in to post a comment.